“It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.”
(Charlie Munger)

“[I]n practice it is the negative that’s used by the pros, those selected by evolution: chess grandmasters usually win by not losing; people become rich by not going bust (particularly when others do); religions are mostly about interdicts; the learning of life is about what to avoid. You reduce most of your personal risks of accident thanks to a small number of measures.”

(Nassim NIcholas Taleb on ‘Via Negativa’ in his book Antifragile)

“We made too many wrong mistakes.”

(Yogi Berra)

> Face value – Regarding the incantations uttered by professional negotiators, practicing the fine art of “positioning”. They are typically not lying, but should nevertheless rarely be believed.